Western Ministil Limited has executed a Share Purchase Agreement (SPA) on May 7, 2026, for the acquisition of 100% equity share capital of Micron Calcite Private Limited. Upon completion of the acquisition, Micron Calcite Private Limited will become a wholly owned subsidiary of Western Ministil Limited. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, read with Para A of Part A of Schedule III of the SEBI Listing Regulations.

Key Details of the Share Purchase Agreement

The company submitted the requisite disclosures as required under SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The following table outlines the significant terms and particulars of the agreement as disclosed in Annexure A:

Related Party Relationship

The transaction has been identified as a material related party transaction. Mr. Kalpesh Naginbhai Patel, who serves as a promoter and Non-Executive Director at Western Ministil Limited, also holds a directorship at Micron Calcite Private Limited. The company has confirmed that the transaction has been conducted at arm's length price, in compliance with applicable regulatory requirements.

Regulatory Compliance

The intimation was signed by Satish Ramsevak Pandey, Director (DIN: 03563657), on behalf of Western Ministil Limited and submitted to the Listing Department of BSE Limited. The disclosure fulfils the company's obligations under the relevant provisions of the SEBI Listing Regulations governing material agreements and related party transactions.

Western Ministil Limited successfully conducted its Extra Ordinary General Meeting on April 15, 2026, through video conferencing and other audio-visual means. The meeting commenced at 03:00 p.m. IST and concluded at 03:21 p.m. IST, with thirty-two members participating virtually in accordance with the Companies Act, 2013 and SEBI Listing Regulations.

Meeting Attendance and Leadership

The meeting was attended by key company officials and board members who participated in the virtual proceedings:

Mrs. Poonam Somani from M/s Somani & Associates served as the appointed Scrutinizer for the meeting proceedings.

Key Resolutions Addressed

The Extra Ordinary General Meeting focused on four significant corporate actions that required shareholder approval:

• Acquisition approval: 100% shareholding acquisition in Micron Calcite Private Limited and approval of material related party transactions
• Director regularization: Regularization of Mr. Kalpesh Naginbhai Patel (DIN: 02224612) as Non-Executive Director
• Director regularization: Regularization of Mrs. Vandana Patel as Non-Executive Director
• New appointment: Appointment of Mrs. Hiralben Mehulsinh Gohil (DIN: 11146010) as Non-Executive Independent Director for a 5-year term

E-Voting Process and Timeline

The company implemented a comprehensive e-voting system to facilitate shareholder participation. The remote e-voting facility was made available to members holding shares as of the cut-off date of April 8, 2026.

Compliance and Documentation

Company Secretary Mr. Ankit Rajendrakumar Shah welcomed attendees and explained the regulatory framework enabling electronic meetings. The meeting was conducted under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, with the registered office serving as the deemed venue.

The Consolidated Scrutinizer's Report on remote e-voting and meeting e-voting will be published on BSE Limited's website, NSDL's e-voting platform, and the company's official website within the specified timeframe. The meeting proceedings demonstrate Western Ministil Limited's commitment to maintaining regulatory compliance while facilitating shareholder participation through digital platforms.